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Modal Labs nears $750 million round at $15.75 billion valuation
Original: Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/s
Modal Labs, a company providing AI inference infrastructure, is reportedly close to raising $750 million in new funding at a $15.75 billion valuation, according to TechCrunch. The round would underscore continued investor enthusiasm for firms supplying the computing backbone that lets other developers run AI models at scale.
Why now: The reported mega-round signals strong investor demand for AI infrastructure startups and makes Modal Labs one of the sector's most valuable private companies.
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Evidence
- Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/source-inference-provider-modal-labs-closing-in-on-750m-round-at-15-75b-valuation/ # Tech # Startup # AI · techcrunch@robot.villas · 3
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